May 25 Gold Evening Outlook


Both the morning and midday strategies were accurately predicted; now let's look at the evening outlook information.

From a news perspective, today the US stock market is closed, market liquidity is light, combined with the latest weak US economic data, CME interest rate futures show the probability of the Federal Reserve cutting interest rates in September rising to 72%, and the US dollar index continues to weaken; at the same time, Middle East geopolitical conflicts are recurring, safe-haven funds are flowing into gold, jointly driving the gold price sharply higher.

From a technical perspective, the 1-hour MACD red column, although shrinking, remains above the zero line; however, the 30-minute MACD is approaching the zero line, indicating a short-term technical correction is needed. Key resistance is at 4580-4590, support at 4550-4540.

Finally, Teacher Yan Yan's trading strategy: in the short term, mainly buy on dips, gradually buy in the 4550-4560 range, targeting 4580-4590; if it quickly breaks through 4590, lightly chase long positions; if it falls below 4540, switch to observation. Strictly avoid chasing high positions and strictly control position size. #黄金 #黄金
GLDX-1.12%
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